Constructive View on the Oil Selloff

Portfolio manager Brian Hicks joins hosts Liz Claman and Adam Shapiro of Fox’s After the Bell, to talk about where the opportunities lie in the energy space right now, particularly with oil hitting its lowest level in nearly six years. Brian says that although he is certainly feeling the pain of the drop in prices, he is actually becoming more and more constructive as the selloff continues.

Brian thinks that the oil stocks look very attractive here. He notes that in comparison to crude oil, they’ve actually been outperforming since mid-December.

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Fund portfolios are actively managed, and holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the interview were held by one or more of U.S. Global Investors Funds as of 09/30/2014: Chevron Corp, Devon Energy Corp, EOG Resources Inc., Exxon Mobil Corp, Facebook Inc.

There is no guarantee that the issuers of any securities will declare dividends in the future or that, if declared, will remain at current levels or increase over time.

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